Tech Insider: Moving From Quicken Online to Mint.com - Black Enterprise
Black Enterprise Magazine September/October 2018 Issue

Mint takes over where Quicken Online left off.

Starting this week Quicken Online, Intuit‘s free personal finance Web site was discontinued. This is no surprise. After Intuit acquired Mint.com, a popular and free online budgeting and money management software, the company announced last November that it would shutter Quicken and migrate their customer’s data over to Mint.com.

Unfortunately that plan didn’t work well. After months of trying to integrate users from one SaaS (software-as-a-service) over to the other, the company realized that the platforms for the two products and the way transactions were handled were just too different, according to an article on ZDNet.com. Since then Quicken customers have received email reminders instructing them to create a Mint.com account because Quicken would soon become extinct.

If you were a Quicken Online customer who needs to migrate to Mint, or a Mint customer who just wants to know what is new, here is what you need to know:

-    Quicken accounts were not switched over automatically. If you didn’t backup your data before Intuit shut down the site, your data is pretty much lost. You can no longer export your data to a CSV file or import your transaction data to another Quicken Desktop product or Mint.com.

-    If you did export your data to a CSV file before the site was shut down you can still upload it to a Quicken Desktop Product, which can cost from $59.99 to $149.99 depending on the version. Remember that Mint.com does not integrate with Quicken Desktop products, according to Quicken FAQ dated August 31, 2010.

-    Your Quicken Online account and all the data stored in it will be securely removed from all Intuit databases — no action is required on your part.

-    The change does not affect your Quicken Desktop products, such as Quicken Bill Pay, Online Backup, Investments, or downloading transactions from your bank. You can continue using it in the same way you always have.

-    Mint.com is secure and easy to use, but according to complaints by Quicken Online users on Mint’s message boards you will lose some of the features that Quicken Online provided such as adding future/recurring transactions.

Moving Ahead
-    You can manage your finances on the go with Mint mobile apps for iPhone and Android phones, but there is still no BlackBerry app for Mint.

-    Mint.com now connects with some 16,000 U.S. financial institutions, including Canadian financial institutions. That is double the number it did before.

-    Mint now has a new feature to track cash transactions that will help you monitor cash spending as well as credit card and debit card purchases.

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Marcia Wade Talbert

Marcia is a multimedia content producer focusing on technology at Black Enterprise Magazine. In this capacity she writes and assigns stories to educate readers about social media; digital integration; gadgets, apps, and software for business and professional development; minority tech startups; and careers in STEM (Science, Technology, Engineering, and Mathematics). In 2012, she received two Salute to Excellence Awards from the National Association of Black Journalists and was recognized by Blacks in Technology (BiT) as one of the Top 10 Black achievers in the tech arena for 2011 at SXSW in Austin, Texas. She has spoken about technology on panels for New York Social Media Week, at The 2012 Rainbow/PUSH Wall Street Summit, as well as at Black Enterprise’s Entrepreneurs Conference and Women of Power Summit. In 2011, SocialWayne.com chose her as one of 28 People of Color Impacting the Social Web, and through crowdsourcing she was listed as one of BlackWeb2.0's/HP's 50 Most Notable African American Tastemakers in Social Media and Technology for 2010. Since taking on the role of Tech editor in September 2010, she has conceived and produced five cover stories on Technology and/or STEM and countless articles, videos, and slideshows online. Before joining BlackEnterprise.com as an interactive general assignment reporter in 2008, she freelanced with Black Enterprise beginning in 2003 while working as the technical editor at Prepared Foods magazine. There she further honed her writing skills and became an authority on food ingredients, including ingredients used in food fortification and enrichment. Meanwhile, her freelancing with Black Enterprise and BlackEnterprise.com helped her stay current on issues pertaining to the financial and business welfare of African Americans. As a general reporter for Black Enterprise she attended and reported on the Democratic and Republican National Conventions, where she interviewed Valerie Jarrett, senior advisor and assistant to President Barack Obama and U.S. Attorney General Eric Holder. Marcia has a Bachelor of Science degree in Agriculture with an emphasis in food science from the University of Minnesota, and a Master of Science degree in journalism from Roosevelt University in Chicago. En route to her secondary degree, she served as the editor-in-chief of the Roosevelt University Torch, a weekly, student-run newspaper. An avid photographer and videographer, Marcia is one of several employees at BLACK ENTERPRISE who interned for the publishing company as a college student. She lives in New Jersey with her husband, a food scientist; her seventeen-month-old daughter; and “The Cat”, but still considers Chicago home.


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